Vestnik Sankt-Peterburgskogo Universiteta. Seriya 10. Prikladnaya Matematika. Informatika. Protsessy Upravleniya
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Vestnik Sankt-Peterburgskogo Universiteta. Seriya 10. Prikladnaya Matematika. Informatika. Protsessy Upravleniya, 2018, Volume 14, Issue 3, Pages 252–260
DOI: https://doi.org/10.21638/11701/spbu10.2018.306
(Mi vspui374)
 

This article is cited in 3 scientific papers (total in 3 papers)

Computer science

Evaluation of the volume of ordering of goods while possible demand drop

V. M. Bure, V. V. Karelin, A. V. Bure

St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg, 199034, Russian Federation
Full-text PDF (283 kB) Citations (3)
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Abstract: In this work, a mathematical model, designed to determine the optimal strategy of the trading firm's behavior is constructed under conditions of random demand. As a result of special marketing research, it is determined that at some random time $T$ there will be a sharp and strong drop in demand. It is assumed that the trading company uses the following scheme of the wholesale order of the goods. All ordered goods are divided into two parts, the first consignment of goods arriving immediately, and it must be sold within a certain period of time $T_1$, if the demand does not drop, then the sale of the second consignment of goods starts at a discount. The delivery of the second batch to the buyers occurs at time $T$. The article considers various situations that arise as a result of a drop in demand after the moment $T$, either until the time $T_1$ or in the period between the time moments $T_1$ and $T$. It is necessary to consider such a wholesale order scheme. Firstly, the warehouses of the trading company have a limited scope and cannot accommodate the entire ordered volume of goods, and secondly, the producer cannot immediately supply the entire ordered lot of goods, since not all goods could be produced in the initial (zero) time when the order is made. For the trading company, the moments of time $T_1$ and $T$ are important. At time $T_1$, the trading company will completely sell the first shipment of the goods and receive the funds, part of which it will pay to the firm for the manufacturer. The time $T$ is also extremely important for the trading company, as it will mean the successful completion of the full realization of the entire purchased product. The choice of time points $T_1$ and $T$ allows determining the volume of the first consignment of ordered goods and the total volume of all ordered goods from the manufacturer. In this work a mathematical model is proposed that allows choosing the optimal ordering strategy for a trading company in conditions of a possible drop in demand at a random time.
Keywords: stock level of the goods, random demand, shortage of goods, discount.
Received: September 18, 2017
Accepted: June 14, 2018
Bibliographic databases:
Document Type: Article
UDC: 519.178
MSC: 91B38
Language: Russian
Citation: V. M. Bure, V. V. Karelin, A. V. Bure, “Evaluation of the volume of ordering of goods while possible demand drop”, Vestnik S.-Petersburg Univ. Ser. 10. Prikl. Mat. Inform. Prots. Upr., 14:3 (2018), 252–260
Citation in format AMSBIB
\Bibitem{BurKarBur18}
\by V.~M.~Bure, V.~V.~Karelin, A.~V.~Bure
\paper Evaluation of the volume of ordering of goods while possible demand drop
\jour Vestnik S.-Petersburg Univ. Ser. 10. Prikl. Mat. Inform. Prots. Upr.
\yr 2018
\vol 14
\issue 3
\pages 252--260
\mathnet{http://mi.mathnet.ru/vspui374}
\crossref{https://doi.org/10.21638/11701/spbu10.2018.306}
\elib{https://elibrary.ru/item.asp?id=35572247}
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  • This publication is cited in the following 3 articles:
    Citing articles in Google Scholar: Russian citations, English citations
    Related articles in Google Scholar: Russian articles, English articles
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